In The Netherlands, Macquarie Asset Management said it will support the growth of SAF with an initial investment of up to $191.5 million in SkyNRG via the Macquarie GIG Energy Transition Solutions (MGETS) Fund.
This new investment led by Macquarie Asset Management’s specialist Green Investments team will support SkyNRG’s next phase of growth and help achieve its ambitious goal to become a major SAF producer through the development and operation of SAF production facilities. By 2030 SkyNRG aims to build its dedicated SAF facilities in Europe and the US, in cooperation with strategic offtake partners. To date, SkyNRG has secured partnerships with, amongst others, KLM Royal Dutch Airlines and Boeing.
Philippe Lacamp, CEO of SkyNRG, said: “It is critical that SAF production capacity is developed now to enable the aviation industry to meet its net-zero goals. We are very proud that Macquarie has made this strategic investment in our business and are confident that they, with the ongoing support of our existing shareholders, will provide us with the resources and expertise we need to accelerate our growth journey towards becoming a major player in the SAF industry.”
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